In October, President Muhammadu Buhari presented an Appropriation Bill of N20.51trn ($43.7bn) for the fiscal year 2023 to the joint session of ... the lower and upper Chambers of the National Assembly. He described the 2023 proposed budget as one “of fiscal sustainability and transition" - his very last budget as Nigeria's president. However, what financial legacy is he leaving behind?
The DRC presidency says this is a historic first for the country, which is now reclaiming assets whose sale had been questioned.
“This is a great event for the DRC because we have just signed a contract that puts an end to the disputes between the DRC and the Ventura group [one of the many companies owned by Israeli businessman Dan Gertler]. The President of the Republic had opted for an amicable settlement to this long-running dispute,” says a delighted Rose Mutombo, minister of justice.
This is also good news for Gertler, who traveled to Kinshasa on 25 February to sign the agreement.